Every 8-K that Navient Corporation (NAVI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NAVI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NAVI filings page.
Navient Corporation reported second-quarter 2026 GAAP net income of $25 million, or $0.26 diluted earnings per share, compared with $14 million, or $0.13, a year earlier. For the first six months of 2026, GAAP net income was $42 million versus $11 million in the prior-year period. On a Core Earnings basis, net income was $27 million and diluted EPS was $0.29 for the quarter.
In the Consumer Lending segment, net income was $27 million with a net interest margin of 2.26%. Navient originated $815 million of Private Education Loans, a 63% increase from $500 million, including $735 million of refinance originations versus $443 million. Consumer Lending provision for loan losses fell to $18 million from $29 million, while net charge-offs declined and 90‑day delinquencies decreased to $349 million from $459 million, though management notes delinquency and default levels remain elevated. The Federal Education Loans segment generated net income of $26 million versus $30 million a year ago, with a net interest margin of 0.68%.
Operating expenses were $82 million, down from $100 million in the prior-year quarter, reflecting lower transition and restructuring costs partly offset by higher marketing spend. Navient reported a GAAP equity‑to‑asset ratio of 5.1% and an adjusted tangible equity ratio of 9.0%, with total assets of $47.3 billion and total equity of $2.4 billion as of June 30, 2026. Liquidity included $770 million of unrestricted cash and total primary liquidity sources of $1.1 billion. During the quarter, Navient issued $500 million of unsecured debt and $1.3 billion of asset‑backed securities, paid $15 million in common dividends, and repurchased $2 million of common shares. The CEO stated that Navient is “moving forward in a position of strength,” citing benefits from its strategic transformation.
Navient Corporation reports a material cybersecurity incident at a third‑party law firm that provides services to the company. A ransomware attack on the firm’s systems allowed an unauthorized actor to access Company‑related borrower data, including customer names, dates of birth, addresses and Social Security numbers.
Navient engaged external cybersecurity experts, is notifying affected individuals and regulators under applicable laws, and has informed law enforcement. The incident was limited to the law firm’s environment, with no identified unauthorized access to Navient’s own systems and no disruption to operations or customer services. As of this report, Navient does not believe the incident is reasonably likely to have a material impact on its financial condition or results of operations.
Navient Corporation reported the results of its 2026 Annual Meeting of Shareholders. As of the April 6, 2026 record date, 93,989,417 common shares were outstanding, and 87,236,916 shares, or about 92.81% of those entitled to vote, were represented in person or by proxy.
Shareholders elected six directors, including Frederick Arnold, Edward J. Bramson, Anna Escobedo Cabral, Larry A. Klane, Michael A. Lawson, and David L. Yowan, each receiving substantially more votes "for" than "against." They also ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026.
In advisory votes, shareholders approved the compensation of Navient’s named executive officers and expressed a preference for holding future say-on-pay votes every one year, with one-year frequency receiving the largest support among the alternatives.
Navient Corporation completed a public debt offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031. The notes were sold to an underwriting syndicate for resale to the public under Navient’s effective shelf registration statement on Form S-3, using a related prospectus and prospectus supplement.
The notes were issued under Navient’s existing base indenture dated July 18, 2014, as amended by a seventeenth supplemental indenture dated May 29, 2026, with The Bank of New York Mellon serving as trustee. The underwriting agreement includes customary covenants, representations, warranties, indemnification and contribution provisions.